+
IRFC Explores Funding Infra Projects Linked To Railways
RAILWAYS & METRO RAIL

IRFC Explores Funding Infra Projects Linked To Railways

Indian Railway Finance Corporation (IRFC), a financial institution under the Ministry of Railways, is expanding its funding beyond Indian Railways to public and private infrastructure projects with strong ties to the railway sector. The state-owned non-bank financial institution (NBFC) has recently gained the prestigious Navratna status. It is now eyeing sectors like power generation, transmission, mining, coal, fuel, warehousing, telecom, and hospitality, sectors directly linked to railways.

IRFC is also considering funding rolling stock requirements for railway customers, container train operators, Metro Rail projects, and port rail connectivity, as well as PPP projects sanctioned by Indian Railways, according to Manoj Kumar Dubey, the company's CEO and CMD. So far this quarter, IRFC has secured three orders worth Rs 115 billion for NTPC projects, marking its first major funding outside Indian Railways.

Indian Railway Finance Corporation (IRFC), a financial institution under the Ministry of Railways, is expanding its funding beyond Indian Railways to public and private infrastructure projects with strong ties to the railway sector. The state-owned non-bank financial institution (NBFC) has recently gained the prestigious Navratna status. It is now eyeing sectors like power generation, transmission, mining, coal, fuel, warehousing, telecom, and hospitality, sectors directly linked to railways.IRFC is also considering funding rolling stock requirements for railway customers, container train operators, Metro Rail projects, and port rail connectivity, as well as PPP projects sanctioned by Indian Railways, according to Manoj Kumar Dubey, the company's CEO and CMD. So far this quarter, IRFC has secured three orders worth Rs 115 billion for NTPC projects, marking its first major funding outside Indian Railways.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code